VOL. XLV
No 30
29-July-2002
OMAN
PDO Hikes Expenditure In 2001, Faces CostControl Challenges
Petroleum Development Oman (PDO)said in its Annual Report 2001 thattotal expenditure last year was $1,259mn, which is up $121mn on the previousyear痴 levels. The increase, which consisted of $86mn in capital expenditureand $35mn in operating expenditure, represents a rise of 10% in both categoriesover the previous year. Capital expenditure climbed in all subcategories apartfrom seismic exploration,...
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